Investors Purchase Large Volume of Put Options on Colony Capital (CLNY)

Colony Capital Inc (NYSE:CLNY) was the target of some unusual options trading on Wednesday. Stock investors purchased 1,960 put options on the company. This represents an increase of 1,921% compared to the average volume of 97 put options.

A number of equities research analysts have issued reports on the company. Zacks Investment Research upgraded Colony Capital from a “sell” rating to a “hold” rating in a research report on Tuesday, April 16th. ValuEngine upgraded Colony Capital from a “sell” rating to a “hold” rating in a report on Thursday, March 21st.

Several hedge funds and other institutional investors have recently modified their holdings of CLNY. JNBA Financial Advisors purchased a new stake in shares of Colony Capital in the fourth quarter worth approximately $32,000. FNY Investment Advisers LLC bought a new position in Colony Capital in the fourth quarter worth approximately $36,000. Meeder Asset Management Inc. grew its stake in Colony Capital by 158.0% in the fourth quarter. Meeder Asset Management Inc. now owns 8,306 shares of the real estate investment trust’s stock worth $39,000 after purchasing an additional 5,086 shares in the last quarter. Nordea Investment Management AB bought a new position in Colony Capital in the fourth quarter worth approximately $47,000. Finally, Sigma Planning Corp bought a new position in Colony Capital in the first quarter worth approximately $54,000. Hedge funds and other institutional investors own 83.37% of the company’s stock.

Shares of NYSE CLNY opened at $5.02 on Thursday. The company has a current ratio of 3.51, a quick ratio of 3.51 and a debt-to-equity ratio of 1.03. Colony Capital has a fifty-two week low of $4.55 and a fifty-two week high of $7.18. The company has a market capitalization of $2.55 billion, a PE ratio of 8.10 and a beta of 1.53.

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 29th were issued a $0.11 dividend. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $0.44 annualized dividend and a dividend yield of 8.76%. Colony Capital’s payout ratio is 70.97%.

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Colony Capital Company Profile

Colony Capital, Inc (NYSE: CLNY) is a leading global investment management firm with assets under management of $43 billion. The Company manages capital on behalf of its stockholders, as well as institutional and retail investors in private funds, non-traded and traded real estate investment trusts and registered investment companies.

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